Residentiae.
For Sale · PEIA

30 MARGARET LANE

PEIA · C1N4J9

$179,000

2Bedrooms
1Bathrooms
Parking
800Sq Ft

About this residence

Escape to the Shore. If you love beautiful water views, this charming 2-bedroom 1-bathroom cottage is the one for you. Just minutes from Summerside. It offers a peaceful getaway while still being close to town. The main level features an open-concept kitchen, dining and living area along with a south-facing sunroom to soak in the sunshine and views. You will also find two cozy bedrooms and a full bathroom. This cottage is TURN KEY ready for you to enjoy all summer long. Additional highlights include: Leased land until 2073 (only $764.00 per year for the lease fee. and property taxes around $600.00 yearly.) Recently installed well and septic system. Fantastic location for water activities and relaxation. Don't miss this opportunity to own you own slice of PEI's beautiful coastline. All measurements are approximate it should be verified by buyer. (id:61366)

Property details

Property type
Recreational
Style
Recreational
Ownership
Leasehold
Bedrooms
2 (2 above)
Bathrooms
1
Living area
800 sq ft
Lot size
LEASED land
Year built
1955
Annual tax
$660
MLS®
202521234
Board
PEIA
Status
Inactive
Listed
Aug 21, 2025
Updated
Sep 29, 2025

Room dimensions

RoomLevelDimensions
KitchenMain level15.7 x 19.5
BedroomMain level9 x 7.7
Bath (# pieces 1-6)Main level10 x 7.8
SunroomMain level7.5 x 27.4
BedroomMain level7.6 x 10.5

Features & finishes

Appliances

  • Refrigerator
  • Stove

Flooring

  • Laminate

Heating

  • Stove
  • Space Heater
  • Electric
  • Wood

Basement

  • Crawl space

Exterior

  • Vinyl

Sewer & Utilities

  • Septic System

Architecture

  • Cottage
  • Camp

Financing

Mortgage calculator

Estimated monthly payment

$837/mo

Amortization

Loan amount

$143,200

Down payment

$35,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

PEIA

About the area

Census · C1N
17,691
Population
47
Median age
$65,000
Median income
$250,000
Median home value
59%
Home ownership
16 min
Avg. commute

Age distribution

0–14
14%
15–24
12%
25–44
21%
45–64
29%
65+
24%

Tenure

59% owners41% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 30 MARGARET LANE?

30 MARGARET LANE is listed for $179,000, in PEIA.

How many bedrooms and bathrooms does 30 MARGARET LANE have?

It offers 2 bedrooms and 1 bathroom.

What type of home is 30 MARGARET LANE?

30 MARGARET LANE is a Recreational, Recreational, built in 1955.

How large is 30 MARGARET LANE?

The home offers approximately 800 sq ft of living space on a lot measuring LEASED land.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $837. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $660 per year.

What is the PEIA area like?

PEIA has a population of about 17,691, a median age of 47, a 59% home-ownership rate, with an average commute of about 16 minutes.

What is the average home value in PEIA?

The median dwelling value in this area is approximately $250,000, based on census data via Neighbourly.

What is the median household income in PEIA?

The median household income in this area is approximately $65,000.

Private viewings

Arrange a private viewing of 30 MARGARET LANE.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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